30 October 2024 | 94 replies
For the other properties, consider conventional loans with 10%-15% down to conserve capital.2.
20 October 2024 | 3 replies
When you do any agency loan (conventional or government) as a Primary Residence, you are signing a new 1 year "occupancy clause".
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24 October 2024 | 10 replies
For pros, he challenges conventional wisdom and explodes sacred cows by exposing hidden conflicts of interests and mis-alignments that many in the industry won’t admit to.
21 October 2024 | 1 reply
Most startup investors use a conventional mortgage to buy their first investment property.
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20 October 2024 | 13 replies
A conventional loan may come in slightly cheaper, that's true, but the red tape on conventional mortgages is excessive to say the least.No Reporting on Personal Credit: DSCR loans are kept off your personal credit profile, which is perfect for keeping your personal and business credit separate.
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19 October 2024 | 7 replies
Keep in mind conventional Fannie Feddy loans are 12 months now... which sucks.
15 October 2024 | 6 replies
My wife bought a condo for 178K with a conventional mortgage (10% down, 4.25% APR) in 2019 before we were married.
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21 October 2024 | 5 replies
Since the borrower collects payments and not making them, generally the accumulated interest owing starts the date of the mortgage/note and are usually higher than conventional.
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20 October 2024 | 14 replies
Thanks in advance. 90% LTV product cash out is for primary residence and has no monthly MI pricing is about 1-1.375% higher than conventional going pricing so there is a slight premium for it but it is 30 year fixed and available for those who need the money compared to other options available.You can always transfer to LLC later on once you've seasoned your payment history on the loan for 6+ months to be safe.
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20 October 2024 | 8 replies
One thing that might be causing an issue is that the house has a cesspool (normal for this area) that's less than 100 feet from the well, so due to FHA standards we can't sell to FHA buyers, just buyers with conventional financing or cash.